Secured Digital Awarded Contract For Solar-Wind Hybrid System
January 6, 2010 (FinancialWire) — Secured Digital Applications, Inc. (OTC: SDGL) said it has completed its reorganization following a comprehensive review of the company’s businesses, structure and value creation strategies.
Beginning January 1, 2010, the company will focus in the design and supply of renewable energy generation, logistics control and optimization systems. The company has organized its businesses under three operating segments comprising of solar-wind hybrid system, smart home system, inventory and logistics control system.
The smart home and logistics control systems are our legacy business while the solar-wind hybrid system was included in our product offerings in the second half of 2009. Going forward, SDGL will license its technology and applications to third parties and limit its involvement in multimedia content production and mobile communications.
In line with its reorganization, the company has also re-branded its entire product offerings under the name of Cnergy.
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